Dragon happy with chain’s performance

RTÉ Dragon Bobby Kerr said yesterday he is very happy with how his Insomnia coffee chain business performed last year as pre-tax profits increased by 45% to €99,403.

Accounts filed by Redcoral Catering Ltd to the Companies Office show the firm recorded the increase in profits after gross profit rose from €8.22m to €8.33m in the 12 months to the end of December last.

In an interview yesterday, the Newstalk presenter said: “The performance is not spectacular, but I am very happy with it. It is a marked improvement on before and we are paying off the bank.”